Veem has become the leader in sending and receiving payments between global businesses. Our 40K customers have sent millions of dollars around the world, allowing businesses to eliminate costly middle-men and help streamline how payments are made internationally.
As a payment sender, you are providing many benefits to your receiver through Veem.
Veem provides local currency payout at competitive exchange rates, often better than what you or your partner can receive through your bank.
Veem’s global payment platform helps tie your payment with information that makes it easy to reconcile – relaying sender information, invoice, and payment timing/amounts together in one bundle.
For new receivers, we do offer settlement in USD abroad with the addition of a $20 fee incurred by the receiver (pricing effective 12/14/17). The receiver will also be responsible for receiving fees should they be charged by a bank.